mini Gold futures-useless?...anyone trade it?

I've traded them for years, love them and think they're excellent 'bang for the buck.'

Not super-liquid after hours (can have wide spreads) but they give some superb action on occasion.

-Prof.
 
Quote from Professional:

I've traded them for years, love them and think they're excellent 'bang for the buck.'

Not super-liquid after hours (can have wide spreads) but they give some superb action on occasion.

-Prof.
More...
wow...great post...it may be a better approach then the larger contrracts...daytrade margin $450 and overnight $1,250...hmmm...anymore comments?
 
Exactly-- margins are excellent and liquidity is good during our U.S. session.

I love them. Just remember the spreads can be pretty wide after hours.

That pretty much sums it up.

-Prof.
 
also watch out for the ( hidden ) stops

( i.e. todays overnight lows )

actually the slippage was not "terrible" ( $1-$3 )
compared to some fat finger nonsense
over the yrs

:eek:
 
I don't like the fills, otherwise, I guess they could be good and I always wanted to trade them consistently.

But the slippage on some of those fills just killed that idea. :eek:
 
Quote from Professional:
Not super-liquid after hours (can have wide spreads) but they give some superb action on occasion.

-Prof. [/B]
More...

How wide spreads? maybe oanda is better? Oanda has super liquidity after hours.

How long trader waits for open one mini-contract?
 
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